Offshore Wind Farm Manufacturing Worldwide
Published: April 1, 2010
- 138 Pages
Table of Contents
- Chapter 1: Executive Summary
- Global Offshore Wind Market Value Exceeds $46 Billion
- Table 1-1: Global Market Value of Onshore and Offshore Wind Energy Manufacturing, 2010 (in $ millions)
- Figure 1-1: Offshore Wind Energy Manufacturing Market Value in 2010 by Region, Expressed as a Percentage of Total Wind Energy Manufacturing
- Market Value of Offshore Foundation Manufacturing
- Strong Potential for Offshore Wind Energy Manufacturing
- Figure 1-2: Cost of Offshore Turbine Project ($ thousand/MW)
- Table 1-2: Earnings of Offshore MW Installed, 2010 to 2015, by Region (in $ per MW)
- The Global Offshore Wind Energy Picture
- Table 1-3: Total Offshore and Onshore Wind Energy Installed Capacity, by Region, 2007 to 2010 (in MW)
- Table 1-4: Global Forecast of Offshore Wind Energy Generating Capacity, by Region, 2010 to 2015 (in MW)
- Europe’s Long-term Commitment Lies Offshore
- Table 1-5: Share of Total European Installed Wind Energy Capacity, 2006 to 2010 (in MW)
- Table 1-6: Total European Offshore Wind Power Installations, 2010 to 2015 (in MW)
- U.S. Grows Interest in Offshore Wind Energy
- China is Leading Asia’s Offshore Efforts
- Table 1-7: Offshore Wind Energy Capacity Installed in Asia, 2010 to 2015 (in MW)
- Offshore Wind Farm Development Challenges
- Offshore Wind Research Developments
- Wind Turbine Product Innovation
- Innovations in Electricity Grid Integration
- U.S. Offshore Wind Farm Innovations
- Innovations in Offshore Foundations
- Offshore Market will Reach $78.5B by 2015
- Table 1-8: Global Market Value of Offshore Wind Energy Manufacturing, by Region, 2010 to 2015 (in $ millions)
- Chapter 2: Introduction and Overview
- Report Scope
- Methodology
- Terminology
- Wind Turbine Components
- Table 2-1: Turbine Component Weights and Costs
- Birth of an Offshore Wind Farm
- Maintenance Requirements
- Structural and Connection Requirements
- Foundation Requirements
- Future Foundation Designs
- Chapter 3: Global Activities in Offshore Wind Energy
- Consumption of All Renewable Energy
- Table 3-1: Global Consumption of Energy by Type and Country Group (in Quadrillion BTUs)
- Table 3-2: Renewable Energy Consumption by Energy Use Sector and Energy Source in, 2002-2010 (Quadrillion BTUs)
- Figure 3-1: Share of Consumption of Renewable BTU Energy in the U.S., by Source, 2002 and 2010
- Table 3-3: Electricity Generation Capacity, by Source and Region, 2009 and 2015 (GwH)
- The Global Offshore Wind Energy Picture
- Table 3-4: Total Offshore and Onshore Wind Energy Installed Capacity, by Region, 2007 to 2010 (in MW)
- Table 3-5: Global Forecast of Offshore Wind Energy Generating Capacity, by Region, 2010 to 2015 (in MW)
- Table 3-6: Global Share of Installed Offshore Wind Energy Capacity, 2010 and 2015
- Table 3-7: Global Onshore Wind Energy Installed Capacity, by Region, 2010 to 2015
- Table 3-8: Global Onshore Wind Energy Share of Total Installed Capacity, 2010 and 2015
- Figure 3-2: Regional Share of Offshore Wind Energy Installed Capacity to Total Wind Energy Installed Capacity, 2010 to 2015
- Table 3-9: CAGR of Total Wind Energy Installed Capacity, by Region, 2010 to 2015 (in MW)
- Table 3-10: Share of Total Wind Energy Installed Capacity by Region, 2010 and 2015
- Europe’s Long-term Commitment Lies Offshore
- Table 3-11: Share of Total European Installed Wind Energy Capacity, 2006 to 2010 (in MW)
- Table 3-12: European Wind Installation Specifications
- Figure 3-3: Share of Offshore and Onshore Wind Energy Capacity by European Country, 2010
- Table 3-13: Total European Offshore Wind Power Installations, 2010 to 2015 (in MW)
- Table 3-14: European Offshore Wind Energy Capacity Growth, 2010 to 2015
- Table 3-15: Offshore and Onshore Installed Capacity in Europe
- Table 3-16: Total Europe Installed MW of Wind Energy, 2007, 2008 and 2010
- Table 3-17: Offshore and Onshore Wind Energy Installations in Europe, 2010 to 2015
- U.S. Grows Interest in Offshore Wind Energy
- Table 3-18: Top States with Cumulative Wind Power Capacity, 2007 to 2010 (in MW)
- Table 3-19: Total North American Offshore Wind Energy Capacity, 2010 to 2015 (in MW)
- Table 3-20: CAGR of Onshore Wind Energy Capacity in North America, 2010 and 2015 (in MW)
- Trends Affecting Offshore Growth in the U.S.
- China is Leading Asia’s Offshore Efforts
- Table 3-21: Offshore Wind Energy Capacity Installed in Asia, 2010 to 2015 (in MW)
- Table 3-22: Installed Wind Power Capacity in Asia, 2006 to 2010 (in MW)
- Table 3-23: Total Wind Energy Capacity Installed in Asia, 2010 and 2015 (in MW)
- Table 3-24: Total Onshore Wind Energy Capacity Installed in Asia, 2010 and 2015 (in MW)
- Chapter 4: The Global Offshore Wind Energy Market
- Table 4-1: Global Market Value of Onshore and Offshore Wind Energy Manufacturing, 2010 (in $ millions)
- Table 4-2: Growth of Global Offshore Wind Energy Manufacturing Market Value, 2006 to 2010 (in $ millions)
- Figure 4-1: Compound Annual Growth Rates of Offshore Wind Energy Manufacturing, by Region, 2006 to 2010
- Offshore Manufacturing is Small Percentage of Total Wind Energy Market
- Figure 4-2: Offshore Wind Energy Manufacturing Market Value in 2010, by Region (Expressed as a Percentage of Total Wind Energy Manufacturing)
- Table 4-3: NAICS Codes and Descriptions of Wind Turbine Components
- Table 4-4: NAICS Codes and Descriptions of Wind Turbine Subcomponents..59
- Caveat to Using the 6-digit NAICS Codes
- Imports and Exports of Wind Turbine Components
- Table 4-5: Total U.S. Shipments of Wind Turbine Subcomponents, 2006 to 2010 (in millions)
- Shipment Value of Wind Turbine Components
- Table 4-6: Share of U.S. Shipment Value of Wind Turbine Subcomponents, 2006 and 2010 (in millions)
- Table 4-7: U.S. Domestic Imports of Wind Turbine Subcomponents, 2006 to 2010 (in millions)
- Table 4-8: Share of U.S. Domestic Imports of Wind Turbine Subcomponents, 2009 vs. 2010
- Table 4-9: Growth of U.S. Domestic Exports of Wind Turbine Subcomponents, 2002 to 2008 (in millions)
- Trade Value of Wind Energy Components Used in Offshore Manufacturing
- Table 4-10: U.S. Market Value of Subcomponents Used to Manufacture for Offshore Wind Turbines (in $ millions)
- Table 4-11: Total Market Value of U.S. Wind Turbine Manufacturing, 2006 vs. 2010 (in $ millions)
- Table 4-12: U.S. Shipments of Subcomponents Used to Manufacture Offshore Wind Turbines (in $ millions)
- Table 4-13: U.S. Shipments of Offshore Wind Energy Components Expressed as a Percentage of Total Wind Energy Component Shipments
- China is Greatest Exporter of Fans and Blowers
- Table 4-14: Country Share of U.S. Domestic Imports of Industrial Fans and Blowers for Offshore Wind Farm Manufacturing, 2006 vs. 2010 (in $ millions)
- Table 4-15: Country Share of U.S. Domestic Imports of Turbine and Generator Sets used for Offshore Wind Energy, 2006 vs. 2010 (in $ millions)
- Imports of Measuring and Controlling Devices
- Table 4-16: U.S. Imports of Measuring and Controlling Devices Used for Offshore Wind Energy Manufacturing, 2006 and 2010 (in $ millions)
- Table 4-17: U.S. Import Value of Motors and Generators Used for Offshore Wind Energy Manufacturing, 2006 and 2010
- Market Value of Offshore Foundation Manufacturing
- Table 4-18: Global Market Value of Offshore Wind Energy Foundation Manufacturing, by Type of Foundation, 2009 vs. 2010 (in $ millions)
- Table 4-19: Global Market Value of Offshore Wind Energy Foundation Manufacturing, by Region, 2009 vs. 2010 (in $ millions)
- Table 4-20: Global Market Value of Offshore Wind Energy Foundation Manufacturing by European Country , 2009 vs. 2010 (in $ millions)
- Strong Potential for Offshore Wind Energy Manufacturing
- Figure 4-3: Cost of Offshore Turbine Project ($ thousand/MW)
- Table 4-21: Earnings of Offshore MW Installed, by Region, 2010 to 2015 (in $ per MW)
- Figure 4-4: Producer Price Index Trend of Wind Turbine Parts
- Employment Outlook
- Table 4-22: Percent Distribution of Employment and Establishments in Machinery Manufacturing by Sector, 2006
- Table 4-23: Number of Current and Projected U.S. Jobs in Turbine Manufacturing, 2006 and 2016
- Table 4-24: Total U.S. Employees in Turbine Subcomponent Manufacturing
- Table 4-25: European Employment Forecast for Onshore and Offshore Wind Energy Initiatives, 2008 to 2030
- Offshore Market will Reach $78.5B by 2015
- Table 4-26: Global Market Value of Offshore Wind Energy Manufacturing, 2010 to 2015 (in $ millions)
- Table 4-27: Global Forecast of Offshore Wind Energy Manufacturing, 2010 and 2015 (in $ millions)
- Table 4-28: Global Share of Market Value of Offshore Wind Energy Manufacturing, 2010 and 2015
- Figure 4-5: Forecast of Dollars Earned per Megawatts of Offshore Installed Capacity Worldwide, 2010 to 2015
- Table 4-29: Projected Market Value of Offshore Wind Energy Foundation Manufacturing, 2009, 2010 and 2015 (in $ millions)
- Table 4-30: Global Market Value of Offshore Wind Energy Foundation Manufacturing by Region, 2009, 2010 and 2015 (in $ millions)
- Table 4-31: Projected Market Value of Offshore Wind Energy Foundation Manufacturing in Europe, 2009, 2010 and 2015
- Figure 4-6: Global Share of Offshore Wind Energy to Total Wind Energy Manufacturing, by Region, 2010 and 2015
- Table 4-32: Total Global Market Value of Offshore Wind Energy Manufacturing, 2010 and 2015 (in $ millions)
- Chapter 5: Competitive Profiles
- GE Energy
- Overview and Performance
- Figure 5-1: General Electric Co. Infrastructure Division Revenues and Year-Over-Year Growth, 2004 to 2009 (e) (in $billions)
- Table 5-1: General Electric Revenues, 2004 to 2009 (e) (in $ billions)
- Figure 5-2: Share of General Electric Revenue for 2009, by GE Business Unit in $ billions)
- Research & Development
- Mitsubishi Heavy Industries
- Overview and Performance
- Table 5-2: Mitsubishi Heavy Industries Revenues, 2008 and 2009, by Division (in $ billions)
- Significant Developments
- Siemens Power Generation
- Overview and Performance
- Table 5-3: Siemens AG Revenues, 2008 to 2009, by Business Unit (in $ billions)
- Significant Developments
- Suzlon Energy
- Overview and Performance
- Key Strategic Markets
- Gamesa
- Overview and Performance
- Figure 5-3: Gamesa Revenues, 2003 to 2009 (in $ billions)
- Vestas
- Overview and Performance
- Offshore Wind Turbine Specialists
- Chapter 6: Product Innovation and Public Policy
- Offshore Wind Farm Development Challenges
- Table 6-1: Manufacturer Developments in Offshore Turbines
- Offshore Wind Research Developments
- Wind Turbine Product Innovation
- Future Component Product Innovations
- Turbine Research & Development
- Innovations in Electricity Grid Integration
- Legalities of Site Selection
- Environmental Impacts Assessed
- Germany Lays Undersea Cable
- Table 6-2: Key Technical Data for the Borwin1 Wind Farm
- Cluster Concept Used
- U.S. Offshore Wind Farm Innovations
- University-led Offshore Wind Research
- Innovations in Offshore Foundations
- Federal Incentives
- Public Relations Woes for Wind Energy
- AWEA Defends Wind Turbines
Abstract
The global move to offshore wind farm development is enabling nations to accelerate wind energy adoption while reducing reliance on land-based power grids. Offshore wind turbines are subjected to fiercer winds and require larger turbines than land-based wind initiatives. But these benefits typically can increase the overall cost of offshore manufacturing and maintenance of wind turbines. Capital costs are approximately 30-50% higher than onshore, due to larger machine size and the costs of transporting and installing at sea. These expenses are partially offset by higher energy yields - as much as 30%. But many countries are finding the benefits to offshore outweigh these added expenditures. Offshore wind energy has a reduced effect on the environment and higher wind speeds at sea result in increased energy production.
Leading wind energy producers in Europe, Asia, and the Americas are embracing offshore as an important component of future expansion and adoption of renewable energy use. The first large offshore wind farms are well in development in several European countries. Developing offshore wind can enable these nations to achieve competitive electricity markets, reach a larger degree of energy inde¬pendence, and ensure lower and more predictable overall project costs. This SBI Energy report, Offshore Wind Farm Manufacturing Worldwide explores the revenue generating potential for companies involved in this burgeoning renewable energy area.
Read an excerpt from this report below.
Get full details about this report
(US): 800.706.8242
(Int): +1.240.747.3097
Fax: 240.747.3004